Binance Resolves Problems Affecting Futures Traders

Binance Resolves Problems Affecting Futures Traders

The exchange’s futures UM Rest service/API, according to Binance CEO, suffered problems that affected the user interface (UI) and API. In the early hours of April 10, users of Binance’s futures trading platform encountered difficulty. The issues appeared to have been resolved, and trading resumed at the time of writing. The exchange’s futures UM Rest […]

Binance launches direct fiat-to-crypto service in Argentina

Binance launches direct fiat-to-crypto service in Argentina

According to an announcement from the cryptocurrency exchange Binance, residents of Argentina can now convert their local cash into crypto assets. The exchange’s offerings have recently been expanded in South America, a region that has shown to be particularly open to cryptocurrencies. According to the announcement made on April 4, customers in Argentina will be […]

Binance resumes deposits, withdrawals after 5 hours

Binance resumes deposits, withdrawals after 5 hours

Binance, the largest cryptocurrency exchange in the world, experienced problems following wallet repair for BNB Smart Chain (BEP20). While the team attempted to find a solution, the exchange temporarily banned deposits and withdrawals on the BNB Smart Chain.After 4-5 hours of troubleshooting the node issue following the Binance Smart Chain (BEP20) network update, withdrawals and […]

Binance freezes over $2M in alleged insider trading scandal

Binance freezes over $2M in alleged insider trading scandal

Crypto exchange Binance has recently frozen over $2 million in assets linked to an alleged insider trading scandal. The biggest cryptocurrency exchange in the world by trading volume, Binance, has recently come under fire from all sides. Another report on allegedly insider trading practices that use the information with token listings and make money has […]

CFTC sue Binance, CZ over alleged regulatory violations

CFTC sue Binance, CZ over alleged regulatory violations

The Commodities Futures Trading Commission is suing Binance and its founder Changpeng Zhao for a number of alleged infractions. Samuel Lim, the former chief compliance officer of Binance, was also accused of encouraging the company’s illegal activities. Binance “apparently opted to willfully disregard applicable provisions of the CEA while engaging in a determined strategy of […]